Financial Performance
For Radiant Opto-Electronics, 2023 was a challenging year. Despite remaining the primary supplier to brand customers, the severe fluctuations in the overall economy have impacted end-demand. In 2023, revenue reached its lowest point in nearly 14 years at 44.09 billion (YoY -24.9%), and the shipment volume of Backlight Module has been declining year by year, However, our gross profit margin has been increasing year by year, (18.5% in 2021 and 19.9% in 2022). In 2023, we achieved the highest gross profit margin since our listing in 2007, at 20.14%, with an EPS of 11.35 , earning back a share of our capital for the sixth consecutive year. Further solidify Radiant Opto-Electronics’ leading position in the profitability of the backlight module industry.